Ad ID: 1505677
Type: Established business
Category: Retail – Automotive Dealers
Category: Services – Auto Repair, Parts & Svcs
Included in the Asking Price:
Cash Flow: $423,043
Located in Northern Nevada, this profitable, easy-to-run used car dealership has a 10-year reputation for excellence. The dealership includes two locations and a service department, both with frontage to major roads and surrounded by a variety of other auto-related shops. It is one of the larger used car dealership in the area, averaging 40+/- cars sold per month. Dealer sells cars and SUV’s of virtually every make and model, and a service department with highly trained technicians has a great reputation for repairs. The company enjoys an excellent word-of-mouth reputation and receives stellar reviews on Social Media. 25% of their sales are repeat customers, and they spend very little on advertising. Their website has great on-line exposure and comes up first in all organic Internet searches. There’s plenty of room to expand into the 350-car capacity lot space (business is very successful at its current 95-car inventory). Staff is reliable, long-term, and willing to stay to continue the success of the business. This is a unique opportunity to step into a turn-key business with an excellent stream of revenue. All Inventory owned and included in the sale, and additional �Floored Inventory� is available.
Year Established: 2008
Facilities: The main lot has a 14,000 sf facility with a large office and showroom space, and 3 shops subletting additional space. The other lot has a 1,000 sf trailer office. Both lots are located on busy roads, are easy to access, and have ample parking. Excellent lease.
Competition: Over the past 10 years, this business has grown into the leading used car dealership in the area. They have a great reputation for sales and service, and a solid repeat customer base. They have a strong Internet presence, and their professional website makes the process of searching/pricing/financing a used car a smooth one for folks who are reluctant to visit the lot first.
Growth and Expansion: Northern Nevada is growing at an unprecedented rate. Marketing to residents coming to the area will grow the business. Plenty of room to scale up inventory with the 350-car capacity lot space. Implementing the dealer-insured warranty program would also be profitable.
About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: 1-2 months. Seller is committed to Buyer�s success.
Reason Selling: Moving